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World Economy Apr 05, 2026

Nasa Chief: Search for Alien Life Drives Mission Planning

Nasa administrator Jared Isaacman emphasizes the search for alien life as a core aspect of Nasa's m…
Nasa administrator Jared Isaacman has stated that the possibility of alien life is a crucial factor in planning the agency's space missions. In a recent interview with CNN's Meet the Press, Isaacman emphasized that investigating the existence of alien life 'goes to the heart of many things that we do at Nasa.'Isaacman's comments come as Nasa's Artemis mission to circumnavigate the moon is underway, marking the first lunar mission since 1972. The mission aims to explore the moon's far side and could potentially lay the groundwork for a moon base on the south pole, equipped with telescopes to aid in the search for extraterrestrial life.While acknowledging that he has not encountered any aliens during his own space travels, Isaacman expressed optimism about the likelihood of discovering life elsewhere in the universe. 'With 2 trillion galaxies out there, who knows how many star systems within each of them? I would say the odds that we will find something at some point to suggest that we are not alone are pretty high,' he said.The Artemis mission has also faced challenges, including a malfunctioning $30 million toilet on the Orion spacecraft. However, Isaacman assured that the issue has been addressed, and the crew is prepared for any eventuality.
#nasa #moon #space
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World Economy Apr 05, 2026

Co-op's Former CEO Shirine Khoury-Haq Received £1.9m Pay Package Despite Company's Difficult Year

The former CEO of Co-op, Shirine Khoury-Haq, received a £1.9m pay package in 2025 despite the compa…
The former boss of the Co-op collected almost £2m before her sudden departure last month despite a difficult year when the retailer was pushed into the red by a damaging cyber hack.Shirine Khoury-Haq’s total annual pay package amounted to £1.9m in 2025, including a £165,000 “rewarding growth” bonus that was approved by the mutual’s board despite falling sales and the slide to an underlying loss of £125m.Khoury-Haq and other executives did not receive their regular annual bonus as the board said the company had not met an “affordability underpin” to make the payout. However, Khoury-Haq’s total pay did include a long-term performance bonus linked to earlier years.In the Co-op Group’s annual report, the remuneration committee said it had decided to pay out 10% of the three-year potential total for the new “rewarding growth” incentive plan, which goes to all staff. Full-time, frontline workers, such as shop floor staff, who were employed for all of 2025 received £100 each under the scheme.The report did not say if Khoury-Haq would receive any compensation for loss of office on her departure but did make clear she would not receive any more from the “rewarding growth” scheme. Kate Allum, a board member and former boss of the dairy group First Milk, will step in as the interim chief executive while a permanent replacement is sought.Khoury-Haq’s departure after four years heading the company, and almost seven at the business, came a month after reports of concerns about the culture at the top of the group. Last week, Khoury-Haq denied that her resignation was linked to the allegations of a toxic culture. “My decision to leave was very much a personal decision,” she said. “The reason is I want to go and do something else.”
#co-op #year #not
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World Economy Apr 05, 2026

Iran War‑Driven Energy Surge Poses Existential Risk to the AI Investment Boom

Rising energy costs from the Iran‑Hormuz conflict threaten to strain the already fragile economics …
Donald Trump’s demand that Iran reopen the Strait of Hormuz has an immediate impact on U.S. gasoline prices, but analysts warn that a prolonged conflict will push energy costs higher across the globe, far beyond the fuel pump. Systemic increases in power prices and disrupted supply chains are set to compress margins for industries worldwide; in the United States, the effect could be especially damaging to the fragile economics of the AI boom. Oil‑importing nations in the Global South are already feeling the strain: Egypt has imposed curfews, Indonesia is trialling work‑from‑home Fridays, and the Philippines has declared a national energy emergency. While the United States, as a major oil exporter, can partially insulate itself, the country cannot escape the global rise in energy costs. Experts predict that price pressure will linger for months even if the strait reopens within days. Companies are revisiting cash‑flow forecasts, and the AI sector—characterised by energy‑intensive model training and debt‑laden expansion—faces a particularly acute risk. OpenAI chief Sam Altman attempted to downplay environmental concerns, likening the energy required to train an AI model to the cumulative food intake over a human’s 20‑year development. The Bank of England’s Financial Policy Committee warned that rising energy costs could depress AI share prices, noting that investors were already uneasy about the sector’s heavy reliance on debt financing and uncertain return prospects before the war began. "The conflict could increase these concerns, particularly given the energy‑intensive nature of the supply chain for key components and the operation of datacentres," the committee said. World Trade Organization chief economist Robert Staiger echoed this view, cautioning that a prolonged period of high energy prices could "crimp" AI investment. He highlighted that AI‑related goods accounted for 70% of U.S. investment growth in the first three‑quarters of last year. A forensic note from US law firm Quinn Emanuel revealed that the AI sector generated roughly $60 billion in revenue last year while committing $400 billion to capital expenditure. The financing structure mirrors the 2008 crisis, with off‑balance‑sheet special purpose vehicles and asset‑backed securities playing a central role. Leading "hyperscalers" and infrastructure providers such as CoreWeave are borrowing enormous sums to build out datacentres, although some analysts argue that many projects lag behind their lofty promises. Much of this borrowing comes from private‑credit lenders, making total liabilities opaque and challenging for regulators—an issue the Bank of England has repeatedly flagged. Complex financing arrangements see datacentres owned by special purpose vehicles, debt pooled and sold to pension funds, and other layered structures that obscure true exposure. Quinn Emanuel estimates that $120 billion of datacentre debt has been moved off‑balance sheets in the past two years. The firm warns that distress at any single node could cascade through the tightly interconnected AI ecosystem. Extended higher energy costs, combined with volatile interest rates and weaker consumer demand—both likely fallout from the Middle East war—could trigger that distress. The fundamental question remains: can the AI sector generate sufficient revenue to justify its sky‑high valuations? Even modest energy price hikes may force a market rethink, with potential spill‑over effects across U.S. markets and beyond. As the article concludes, the economic fallout may be yet another unintended consequence of Trump’s aggressive stance on Iran, unleashing forces beyond his control.
#energy #costs #which
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Sports Apr 05, 2026

Lincoln City on Brink of Historic Promotion to English Football's Second Tier

Lincoln City, led by manager Michael Skubala, is on the verge of securing promotion to the English …
Lincoln City's remarkable season has put them on the cusp of a historic promotion to the English Football League Championship. A draw or win in their upcoming match against Reading would confirm their place in the second tier for the first time in 65 years. Manager Michael Skubala has been instrumental in the team's success, implementing an innovative approach that has yielded impressive results.The team's 24-game unbeaten run in League One is a testament to their consistency and determination. Despite having the 17th biggest budget in the league, Lincoln City has been defying expectations and outperforming their opponents. Skubala's focus on teamwork, alignment, and a strong work ethic has been key to their success.Liam Scully, the club's chief executive, emphasizes that the team's approach is not about flashy tactics, but about being 'boringly consistent' and true to their roots. The club's innovative approach extends beyond the pitch, with initiatives such as an Elite Performance Centre and an innovation lab.The potential promotion has generated excitement among fans, but Skubala remains focused on the task at hand. He believes that the team's success is not just about individual talent, but about the collective effort and alignment throughout the club. With players like Conor McGrandles, Jack Moylan, and Reeco Hackett showing exceptional skill, Lincoln City is poised to make a strong impression in the Championship if they secure promotion.
#Lincoln City #Michael Skubala #English Football League Championship
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Business Apr 05, 2026

Waitrose Employee Sacked for Confronting Shoplifter, Highlights Retail Security Concerns

A 54-year-old Waitrose employee was sacked after confronting a shoplifter who had stolen Easter egg…
A Waitrose employee with 17 years of service was dismissed after stopping a shoplifter who had stolen a display of Lindt Gold Bunny Easter eggs worth £13 each. Walker Smith, a shop assistant at a Waitrose branch in Clapham Junction, south London, described his devastation after being sacked. He had been told not to approach shoplifters but felt compelled to act after seeing the repeat offender. The incident highlights the growing concern of shoplifting in retail, with 519,381 offences recorded in England and Wales in the year to September 2025, up 5% from the previous year. Smith's manager told him off and he apologized, but the matter was escalated, leading to his dismissal. He expressed regret over his actions and worries about his future, having recently moved into his own studio flat and being diagnosed with anxiety. Retail businesses, particularly supermarkets, have seen an increase in shoplifting, prompting calls for greater support and security measures. The chief executive of Marks & Spencer has urged the government and London's mayor to crack down on retail crime. A Waitrose spokesperson stated that the company takes the safety and security of customers and employees seriously, with policies in place to address these concerns.
#waitrose #his #shoplifter
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World Economy Apr 04, 2026

US Unemployment Rate Drops to 4.3% Amidst Economic Uncertainty and Iran Conflict

The US unemployment rate has dropped to 4.3% despite economic uncertainty and the ongoing conflict …
The US labor market demonstrated unexpected strength in March, with the unemployment rate dropping to 4.3% despite concerns over economic instability and the ongoing conflict with Iran. According to the US Bureau of Labour Statistics, non-farm payrolls grew by 178,000 jobs in March, rebounding from a downwardly revised loss of 133,000 jobs in February.The healthcare sector led the gains, adding 76,000 jobs in March, significantly higher than the 29,000 average monthly increase over the last year. This surge follows a large-scale nursing strike that ended on February 24, which had temporarily removed over 30,000 healthcare workers from payrolls.The construction sector also saw notable growth, with 26,000 jobs added in March. Additionally, the transportation and warehousing sector grew by 21,000 jobs over the previous month, although it has experienced an overall loss of 139,000 jobs since February 2025.In contrast, the federal government, the largest employer in the US, continued to shrink, cutting 18,000 federal employee positions in March. This marks a 355,000 job decline from the same period last year.The White House has praised the jobs report as evidence that President Trump's policies are stimulating the domestic economy. Kush Desai, White House deputy press secretary, stated that the March jobs report 'blew out expectations' with strong construction job growth and a surge in manufacturing job creation.However, experts warn that the impact of the US conflict with Iran, dubbed Operation Epic Fury, is not yet fully reflected in the job numbers. Economists at JPMorgan cautioned that negative payroll readings could become more common, and Angela Hanks, chief of policy programmes at The Century Foundation, noted that wage growth has stalled, and oil prices are skyrocketing, threatening to weaken the job market.The economic uncertainty is also affecting US consumers, with the University of Michigan's consumer sentiment survey dropping by 6% in March to its lowest level since December 2025. Furthermore, the average price for a gallon of petrol has increased to $4.09 ($1.08 per litre), up from $3.10 ($0.82 per litre) this time last month.
#job #march #jobs
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Health Apr 04, 2026

MSF condemns RSF‑linked drone strike that kills 10 at Sudan’s Al Jabalain Hospital

Doctors Without Borders (MSF) denounced a drone attack on Al Jabalain Hospital in Sudan’s White Nil…
Doctors Without Borders (MSF) has condemned a drone strike that hit Al Jabalain Hospital in Sudan’s White Nile State, killing 10 people, among them seven medical staff members. The attack, which struck an operating theatre and a maternity ward, occurred during a children’s immunisation campaign, heightening the humanitarian outcry.MSF’s Sudan emergencies chief, Esperanza Santos, said the assault was “unacceptable” and noted that several of the deceased had previously worked with the organisation. She added that the strike represents a grave violation of medical neutrality.While the perpetrators have not been officially confirmed, MSF’s statement attributes the strike to the paramilitary Rapid Support Forces (RSF), a claim echoed by Sudanese officials. On Friday, Khalid Aleisir, Sudan’s minister of culture, information, antiquities and tourism, called for the RSF to be designated a terrorist organisation and for its members to face prosecution.The incident follows a series of attacks on Sudan’s health infrastructure since the war erupted in April 2023. In a separate incident the same day, a medical supply depot in Rabak, the capital of White Nile State, was also hit. According to the World Health Organization, more than 200 attacks have targeted health facilities since the conflict began, underscoring a systematic pattern of violence against civilians.Local rights group Emergency Lawyers highlighted that recurring drone strikes across South Kordofan, Blue Nile, and the Darfur regions have displaced thousands, further straining an already fragile health system. The Sudan Doctors Network described the Al Jabalain strike as a “deliberate assault on health facilities and unarmed civilians,” warning that such actions exacerbate the nation’s deteriorating medical capacity.International observers note that the targeting of hospitals not only violates international humanitarian law but also hampers efforts to control disease outbreaks and provide essential care to vulnerable populations. The growing body of evidence may prompt renewed calls for accountability and stronger protective measures for health workers in conflict zones.
#MSF #RSF #Al Jabalain Hospital
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News Apr 04, 2026

WHO Condemns Over 20 Attacks on Iranian Healthcare Facilities Since March 1

The World Health Organisation (WHO) has reported over 20 attacks on Iranian healthcare facilities s…
The World Health Organisation (WHO) has issued a stern warning against the ongoing US-Israeli attacks on Iranian healthcare facilities, amid the escalating conflict. The organisation's chief, Tedros Adhanom Ghebreyesus, reported that over 20 attacks on healthcare facilities in Iran have been verified since March 1, resulting in at least nine deaths, including an infectious diseases health worker and a member of the Iranian Red Crescent Society.The Pasteur Institute in Tehran, one of the oldest research and health facilities in the country, has sustained significant damage and was rendered unable to continue delivering health services. Iranian Ministry of Health spokesperson Hossein Kermanpour shared images of the heavily damaged building on social media, with parts of the facility reduced to rubble.Despite the attacks, Iran's ISNA news agency reported that the services of the Pasteur Institute have not been interrupted, and vaccine and serum production would continue. The WHO chief emphasised that the Institute plays a crucial role in protecting and promoting population health, particularly in emergencies.The attacks have not been limited to the Pasteur Institute. The WHO has reported damage to other healthcare facilities, including the Delaram Sina Psychiatric Hospital and the Tofigh Daru pharmaceutical facility, with no casualties reported. An explosion near the Imam Ali Hospital in Khuzestan province led to the facility's evacuation and cessation of services.Tedros stressed that humanitarian workers, ambulances, relief supplies, and humanitarian facilities must be respected and protected under international law. The Geneva Conventions, agreed upon after World War II, designate healthcare facilities as protected locations.The Iranian Red Crescent Society reported that a warehouse belonging to the organisation was targeted, destroying two-wheeled relief containers and two buses and relief vehicles. According to the organisation, 307 health, medical, and emergency care facilities have been damaged in the war.
#health #iran #attacks
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Sports Apr 04, 2026

Newcastle United’s Mid‑Season Crisis Signals Managerial Overhaul as Eddie Howe Faces Exit

Newcastle United’s poor second‑half performances, a costly Champions League exit and a mishandled t…
Even before the season began, the fixture list hinted that March would become a turning point for Newcastle United. A run to the Champions League quarter‑finals and a victory in the Tyne‑Wear derby could have silenced many critics, while a third Carabao Cup final would have forced the derby’s postponement. In the Champions League round‑of‑16, Newcastle appeared stronger at home against Barcelona, only to be undone by a late penalty. The away leg saw them threaten early on, but a second‑half collapse resulted in a 7‑2 defeat, widening the perceived gap between the sides. The derby itself illustrated the team’s frailties. Newcastle led at halftime and struck the post, yet they finished with the fifth‑worst second‑half record in the Premier League. Sunderland equalised through Brian Brobbey, fed by a simple Granit Xhaka pass, exploiting the space that Newcastle’s midfield surrendered late in the game. These setbacks have sparked serious speculation about manager Eddie Howe’s future. Chief executive David Hopkinson offered no clear endorsement, stating only that “we’ll talk about the future when it’s time,” a comment that many interpreted as a warning. Howe arrived in November 2021, a month after the Saudi‑led acquisition of the club, and quickly guided Newcastle into the modern era: two Champions League qualifications, a historic Carabao Cup triumph – the first domestic trophy in 70 years – and a generally steady league performance. Until last season, there was little talk of his dismissal. However, the current crisis is less about tactics than about recruitment. With no sporting director, Howe’s nephew Andy Howe and scout Steve Nickson oversaw most signings last summer, a structure that has drawn criticism. The sale of Alexander Isak to Liverpool was widely regarded as mishandled. The club allowed the protracted saga to dominate the window, missing an opportunity to maximise the fee and reinvest in squad depth, or to negotiate a swap that could have brought Hugo Ekitiké to Newcastle. Summer acquisitions have added little stability. While Sandro Tonali, Anthony Gordon and Tino Livramento are rumored to be on their way out, Yoane Wissa suffered an early injury and new signing Nick Woltemade arrived without a clear role. Of the incoming players, only Malick Thiaw has made a noticeable impact. Consequently, the squad lacks the depth required for simultaneous Champions League commitments, a Carabao Cup semi‑final run, and a fifth‑round FA Cup tie. The fatigue evident in many second‑half performances is therefore unsurprising. Underlying these on‑field issues are broader structural problems. Dan Ashworth’s departure for Manchester United left a void that successor Paul Mitchell could not fill; his exit after clashes with ownership – and reportedly with Howe over player conditioning – created a leadership vacuum. Ross Wilson, appointed sporting director in October with Howe’s blessing, now faces the daunting task of rebuilding a fragmented recruitment process. Financial pressures add another layer of complexity. The recent sale of the stadium to a club subsidiary, coupled with a looming UEFA fine for 2025, has strained resources. While the Champions League revenue and the Isak transfer may alleviate some of the strain, the shift to an “unanchored” squad‑cost ratio favours owners with deep pockets, leaving the club’s commitment from the Public Investment Fund uncertain amid broader Saudi retrenchment. Notably, discussions of a new stadium have been absent for almost a year. Hopkinson’s description of Newcastle as a “trading club” appears realistic, yet his remarks also hint at an upcoming exodus of players such as Tonali, Gordon and Livramento. Even if the broader economic climate softens, the likely absence of Champions League football next season could further limit Newcastle’s ability to attract top talent. Ultimately, the core issue is governance. While Howe’s tactical acumen may improve without the demands of European competition, the club’s ambition to become a modern, well‑structured organisation may require a change in leadership. His departure could be the catalyst needed for a comprehensive cultural and structural overhaul.
#Newcastle United #Eddie Howe #Saudi Arabia
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